2, RISBOROUGH LINES, FOLKESTONE, CT20 3RY - £343,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RISBOROUGH LINES is a small semi-detached house of 79m², built in 2018, which could now be worth an estimated £366,584. It was last sold for £343,000 in February 2024, which was around 7% above the average February 2024 semi-detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

2 RISBOROUGH LINES Sold Prices

Land registry data shows two sales for 2 RISBOROUGH LINES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Folkestone and Hythe local authority area for the corresponding sale date. One of the two 2 RISBOROUGH LINES sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 15 FEB	£343,000	£320,404	7% above HPI
2018 8 AUG	£252,000	£269,841	7% below HPI

2 RISBOROUGH LINES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The two 2 RISBOROUGH LINES sales from August 2018 and February 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 RISBOROUGH LINES be worth now?

2 RISBOROUGH LINES might now be worth an estimated £366,584.

This is based on house price inflation of 6.9%, between February 2024 and April 2026, for semi-detached houses, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.9% inflationary increase is applied to the most recent sale price for 2 RISBOROUGH LINES of £343,000 on 15th February 2024. For the value to have increased from £343,000 to £366,584 over the one year and ten months to April 2026, the following assumptions must hold true:

• The value of 2 RISBOROUGH LINES has moved in line with the HPI for semi-detached houses in the Folkestone and Hythe local authority area.
• The February 2024 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RISBOROUGH LINES has not materially changed since February 2024.

How Large is 2 RISBOROUGH LINES?

2 RISBOROUGH LINES is 79m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of semi-detached houses in Folkestone, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Folkestone, and where 2 RISBOROUGH LINES lies on this distribution: 25% of semi-detached houses are smaller than 2 RISBOROUGH LINES, and 72% of semi-detached houses are larger. Note that EPC data is not available for all properties in Folkestone.

2 RISBOROUGH LINES: Plot

2 RISBOROUGH LINES sits on a plot of roughly 275.1 acres, or 1,113,427m².

Where is 2 RISBOROUGH LINES?

2 RISBOROUGH LINES is located in FOLKESTONE, in the CT20 postcode district. The below map shows the position of No. 2 on RISBOROUGH LINES.